Alibaba

(Source: Investopedia) Alibaba will invest 100 billion yuan ($15.5 billion) by 2025 in support of the country’s goal of common prosperity, becoming the latest corporate giant to pledge support for the initiative, Zhejiang News reported on Thursday. Alibaba will set up a special permanent organization to carry out ten actions…

Chinese ride-hailing giant Didi has announced the creation of a labor union in an internal forum last week. The move is likely to give more power to Didi’s mostly part-time drivers who lack full employee benefits. More tech giants are expected to follow suit, including Alibaba and Meituan. Chinese regulators…

Speculation continues to grow after Vicki Zhao Wei (趙薇) was blacklisted from China’s Internet servers. Although some netizens speculated that the actress was banned for wearing a dress with the Japanese war flag in an old fashion shoot, others suspect that Zhao Wei is involved in a larger controversy that may…

Jack Ma’s early success embodied the freewheeling Zhejiang entrepreneurial spirit of the early 2000s, when GDP growth featured prominently in both official propaganda and strategy. Ma learned early on the importance of nurturing cozy relationships with government officials. The relationship was largely mutually beneficial: While Alibaba received blessings from government…

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The group of employees have allegedly been fired because they publicly shared screenshots of an employee's post on sexual harassment, Bloomberg reported.Read More

The logo of Alibaba Group is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter Aug 30 (Reuters) - Alibaba Group Holding Ltd (9988.HK) dismissed 10 employees for publicizing a female colleague's account of sexual assault allegations against a former manager, Bloomberg News reported on Monday, citing…

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The forerunners of China’s internet industry have long held up their superior work cultures and corporate values as key to becoming the behemoth businesses they are today. In these companies, there are no courtesy titles. The lowest-level employees can address the founders as if they are a colleague in the…

CIW / Retail & E-commerce / JD.com highlights in Q2 2021; annual customers grew 27% to 532 million August 24, 2021 By CIW Team Jingdong (JD.com) annual activee-commerce customer accounts increased by 27.4% to 531.9 million in the 12 months ended  June 30, 2021, from from 417.4 million a year…